Search

Type to search

Jindong Zhang

Founder and chairman

Retail king Zhang Jindong, 51, has given approximately 10 percent of his Shenzhen-listed company to his employees via a share distribution scheme, according to HSBC’s China’s Tycoons, a move that could create 1,000 billionaires over the next few years. In the last two decades, Suning has also donated some 800 million yuan to education, disaster relief and environmental protection among others.

Company:

Suning Appliance

Net worth:

US$2.8 billion

Subscribe to the Prestige newsletter for the latest in luxury and high society